1849 $5 Norris, Gregg, & Norris Five Dollar R.E. AU58 PCGS.
K-3, R.6. One of four varieties of the year, this one
identifiable by the reeded edge and lack of a period after ALLOY.
The "No Periods" K-1 and K-3 varieties were made from the same dies
as the other Kagin types, the periods missing due to strike
weakness or die wear. Any Norris, Gregg, & Norris five dollar
is a challenge in near-Mint State or better condition. PCGS has
certified a mere six reeded edge examples at the AU58 level with
only five finer, the best an MS62 coin (9/13). This lightly
circulated example is lustrous and displays a uniform pale
yellow-gold coloration. Listed on page 379 of the 2014 Guide
Book.Ex: Long Beach Signature (Heritage, 2/2008), lot 2870. (PCGS# 10282)